Yesterday I penned an obnoxious post about Bitcoin bottoming out, relegating people who didn’t agree to having empty heads without brains. Today I am singing a much different tune — especially since I bought RIOT and GROW towards the end of the yesterday’s session and have owned OSTK for more than a week.
Bitcoin is lower by 5% and many of the prominent cryptos are off by more than 10%, so far.
I’ve done some technical analysis on this move. Enjoy it with my compliments.
It’s important that you understand how ridiculous the crypto space is and how it continues to crush the souls of those who believe in it.
Early going, futures are higher — but oil is lower by more than 1%, which means I’ll lose some money in my fucking oil stocks too.
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